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Rowlett council approves annual PID service and assessment updates for Bayside and Cottonwood Creek
Summary
The Rowlett City Council on Nov. 12 approved annual service-and-assessment-plan updates for the Bayside North and South public improvement districts and the Trails at Cottonwood Creek PID, confirming budget requests and assessment rolls for fiscal year 2025.
Rowlett City Council on Nov. 12 approved ordinances updating the annual public improvement district (PID) service and assessment plans and the fiscal-year 2025 assessment rolls for Bayside North, Bayside South and the Trails at Cottonwood Creek.
City PID administrator Josh Art told the council the Bayside North annual budget request for FY25 is approximately $649,000 and that outstanding assessments tied to bonds are roughly $7,350,000. Art said the assessment structure is intended to be stable, with the bonds issued in 2016 and a 30-year term noted in the report.
For the Bayside South Improvement Area, Art said the FY25 budget request is about $2,766,000, down roughly $43,000 from the prior year, driven in part by additional reserve-fund interest. He reported about $31,887,000 in outstanding assessments and roughly $15,900,000 in other funding sources, largely developer contributions linked to the proposed lagoon area. Art said townhome owners would see only modest per-unit changes compared with last year.
On the Trails at Cottonwood Creek PID, Art described two bond series and two related budgets: a major improvement-area budget of roughly $357,000 (down modestly from last year) and a neighborhood-improvement-area request of about $196,000. He said available reserve interest and progress on vertical development have reduced remaining authorized-improvement balances since last year.
Mayor Pro Tem Winget asked whether an appendix item — about more than $500,000 in off-site wastewater improvements and an additional approximately $2.3 million possibly reimbursable with excess PID funds — would be reimbursed in the current plan. Art said the $500,000 was incorporated and reimbursed under a prior update; any further reimbursements would depend on interest earnings and the city’s discretion to allocate excess funds to projects such as seawalls or bridge enhancements.
Council took separate motions on each ordinance; motions for items 7A, 7B and 7C carried unanimously. Art said, pending approval, staff will file the ordinances with Rockwall and Dallas counties and coordinate with the third-party tax collector to update the assessment roll.
The ordinances reaffirmed the city's service plans for each PID and updated assessment rolls required by the PID Act, Texas Local Government Code ch. 372. No amendments were made during council discussion.
